2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Redbook  
Released On 2/27/2018 8:55:00 AM For wk2/24, 2018
PriorActual
Store Sales Y/Y change3.7 %3.3 %

Highlights
Same store sales were up 3.3 percent year-on-year in the February 24 week, slowing from the prior week's growth pace by 0.4 percentage points. Month-to-date sales versus the prior month were still down but a tick less than a week ago at minus 0.6 percent, while the full month year-on-year on gain remained unchanged at 3.2 percent, the level for most of the weeks so far this year. Redbook's same store sample shows sales growth reverting to the mean after the prior week's strong acceleration, pointing to moderate strength in ex-auto ex-gas retail sales.

Definition
A weekly measure of comparable store sales at chain stores, discounters, and department stores. Redbook tracks week-to-week change, month-to-date change, and year-on-year change with the latter the most closely watched reading. The report offers early indications on ex-auto ex-gas retail sales.  Why Investors Care
 
 

powered by  [Econoday]